Panama Canal

The drought-hit Panama Canal will maintain restrictions on the passage of ships for one year, a measure that has already led to a marine traffic jam as boats line up to enter the waterway linking two oceans.

Panama Canal is a vital trade route, accounting for 40 per cent of all US container traffic.

Passengers on a virus-stricken cruise liner stranded off Central America were transferred to another ship Saturday, after the US-bound vessel was given permission to pass through the Panama Canal.

Panama is preparing to officially open its canal this weekend to far bigger cargo ships after nearly a decade of expansion work aimed at boosting transit revenues and global trade.

Panama's efforts to polish its tarnished image in the wake of the "Panama Papers" scandal are set to get a big boost this weekend when it inaugurates a wider canal, the waterway's administrator said.

Egypt received a show of international support on Thursday as it inaugurated a major extension of the Suez Canal which President Abdel Fattah al-Sisi hopes will power an economic turnaround in the Arab world's most populous country.

A court in Panama jailed two North Koreans for 12 years for trying to smuggle Cuban weapons through the Panama Canal in an incident which raised international suspicions, their attorney said on Sunday.

The consortium building the third set of locks for the Panama Canal is making fresh claims for cost overruns totaling $737 million, officials said Friday.

Heat-trapping pollution released into the atmosphere from rising exports of U.S. gasoline and diesel dwarfs the cuts made from fuel efficiency standards and other efforts to reduce global warming in the United States, according to a new Associated Press investigation.

The United Nations imposed sanctions on the North Korean shipping company that operates a ship seized by Panama in July 2013 for carrying undeclared military equipment from Cuba ordered all countries to freeze its assets.

With its colorful hillside homes overlooking the Pacific and winding stairways, the Chilean port city of Valparaiso was named a UNESCO World Heritage site just over a decade ago.

European stocks held steady near five-and-a-half year highs on Tuesday, with Scandinavia providing many of the top gainers after much of the region was shut on Monday for a market holiday.

Authorities in Panama say they have found more explosives aboard a North Korean-flagged ship detained in the Panama Canal for carrying undeclared arms from Cuba.

North Korean sailors whose dilapidated ship was halted near the Panama Canal and found to be carrying military equipment could face up to six years in jail, a prosecutor has said.

North Korea demanded the release of its ship held in Panama with what appear to be missile radar and other weapons loaded in Cuba, saying it was sailing under a legitimate deal and calling the initial suspicion of drugs on board "a fiction."

The drought-hit Panama Canal will maintain restrictions on the passage of ships for one year, a measure that has already led to a marine traffic jam as boats line up to enter the waterway linking two oceans.

Panama Canal is a vital trade route, accounting for 40 per cent of all US container traffic.

Passengers on a virus-stricken cruise liner stranded off Central America were transferred to another ship Saturday, after the US-bound vessel was given permission to pass through the Panama Canal.

Panama is preparing to officially open its canal this weekend to far bigger cargo ships after nearly a decade of expansion work aimed at boosting transit revenues and global trade.

Panama's efforts to polish its tarnished image in the wake of the "Panama Papers" scandal are set to get a big boost this weekend when it inaugurates a wider canal, the waterway's administrator said.

Egypt received a show of international support on Thursday as it inaugurated a major extension of the Suez Canal which President Abdel Fattah al-Sisi hopes will power an economic turnaround in the Arab world's most populous country.

A court in Panama jailed two North Koreans for 12 years for trying to smuggle Cuban weapons through the Panama Canal in an incident which raised international suspicions, their attorney said on Sunday.

The consortium building the third set of locks for the Panama Canal is making fresh claims for cost overruns totaling $737 million, officials said Friday.

Heat-trapping pollution released into the atmosphere from rising exports of U.S. gasoline and diesel dwarfs the cuts made from fuel efficiency standards and other efforts to reduce global warming in the United States, according to a new Associated Press investigation.

The United Nations imposed sanctions on the North Korean shipping company that operates a ship seized by Panama in July 2013 for carrying undeclared military equipment from Cuba ordered all countries to freeze its assets.

With its colorful hillside homes overlooking the Pacific and winding stairways, the Chilean port city of Valparaiso was named a UNESCO World Heritage site just over a decade ago.

European stocks held steady near five-and-a-half year highs on Tuesday, with Scandinavia providing many of the top gainers after much of the region was shut on Monday for a market holiday.

Authorities in Panama say they have found more explosives aboard a North Korean-flagged ship detained in the Panama Canal for carrying undeclared arms from Cuba.

North Korean sailors whose dilapidated ship was halted near the Panama Canal and found to be carrying military equipment could face up to six years in jail, a prosecutor has said.

North Korea demanded the release of its ship held in Panama with what appear to be missile radar and other weapons loaded in Cuba, saying it was sailing under a legitimate deal and calling the initial suspicion of drugs on board "a fiction."